However, the high cost, copying/replica being sold at a much lower price, lack of government laws for the luxury watches segment etc. are some of the factors that would work as a roadblock for global luxury watches market.

Market size and forecast

At present, China holds the top position (50.33%) in producing luxury watches followed by Switzerland in the global luxury watches market.

North America and Europe are the great market for global luxury watches. When combined together, the regions account for 40.4% share in the global market luxury market.